Companies involved in an ICO generally swap their digital currencies for either bitcoin or ethereum, or fiat currencies, and use the proceeds to fund the development of blockchain-related projects. Photo: Alamy Stock Photo

Xunlei chief is confident that ban on ICOs can rebuild blockchain’s reputation

Chen Lei insists issue of US-listed, cloud-based content network operator’s own digital token is not an ICO

Topic |   Blockchain
Companies involved in an ICO generally swap their digital currencies for either bitcoin or ethereum, or fiat currencies, and use the proceeds to fund the development of blockchain-related projects. Photo: Alamy Stock Photo
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